Analysis

  • Scor takes a dynamic approach to solvency targets

    10 December 2013

    Scor's new strategy has introduced the concept of a dynamic solvency target and a capital-setting framework around which all aspects of the business will be managed. Chief risk officer Philippe Trainar explains to Christopher Cundy how - and why - it works.

  • Perspectives on Omnibus II: cautious relief to outrage

    04 December 2013

    As the dust settled around Omnibus II, InsuranceERM spoke to those closely involved in the negotiations to get their verdict on the result. The diverse opinions from legislator, supervisor, insurer, rapporteur and parliamentarian reflect the complexity of the issues – and how battles over the details of Solvency II are far from over

  • Five years of InsuranceERM, five years on the tortuous journey towards Solvency II

    29 November 2013

    InsuranceERM was launched five years ago, in November 2008, when implementation of Solvency II was less than four years away. Now, it's still over two years away and a lot of water has passed under the bridge. Delving into the InsuranceERM archives, Peter Field charts the ebbs and flows on the way to the European Parliament vote last week for a January 2016 go-live date for Solvency II

  • Towers Watson's Tricia Guinn: "The insurance industry is becoming increasingly analytical"

    27 November 2013

    Towers Watson's decision to sell its reinsurance brokerage is part of a strategy to capitalise on the increasingly analytical and technical nature of the insurance industry, risk and financial services managing director Tricia Guinn tells Lorna Davies.

  • Friends Life's Mark Versey: "Infrastructure is now a core investment strategy"

    22 November 2013

    Friends Life is now directly investing in both infrastructure and commercial real estate debt after awarding combined mandates of £1bn this year. Jamie Bullen asks chief investment officer Mark Versey what lies behind this new strategy

  • Adopting the new insurance IFRS

    20 November 2013

    There is enough clarity about the final form of the new accounting standard for insurance contracts for firms to begin their transition. Francesco Nagari outlines the tasks required - and warns of the heavy workload ahead

  • Section 166s become more frequent, more diverse

    13 November 2013

    UK regulators are making more use of their Section 166 powers to order third-party investigations into insurers and brokers – and broadening their focus. But they are still guaranteed to cause grief for firms, as Jamie Bullen reports

  • Benchmarking the internal capital model

    07 November 2013

    Aon Benfield polled almost 100 users of its ReMetrica capital modelling software to compare how often they ran their internal models, their speed of processing, the number of people involved – and a host of other interesting questions. Jason Noronha and Wing Lam present the results

  • Caution: capital models at work

    06 November 2013

    The prospect of Solvency II led many insurers to spend millions building internal capital models and the time has come to make them work for the business. But basing strategy on a tool that has been developed primarily with compliance in mind is not without risk, as Rob Collinson explains

  • Will RMS(one) be the one?

    01 November 2013

    The one system to manage all cat exposures and risks, that is. Early testers are enthusiastic, but RMS's claims for its new platform will take some time to assess, and the cost of using it could be a hindrance. Christopher Cundy reports